Bitcoin Forum
July 08, 2024, 08:08:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 [184] 185 186 187 188 189 »
  Print  
Author Topic: Bank or Bitcoin Wallet?  (Read 230433 times)
Colt22
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
October 15, 2016, 09:45:11 PM
 #3661

bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.

if the bitcoin wallets will also be that much powerful as banks are then they will also provide a guarantee for your bitcoins and they will pay back you your bitcoins whenever they will face a hack.
zahra4577
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
October 15, 2016, 09:58:08 PM
 #3662

bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.

if the bitcoin wallets will also be that much powerful as banks are then they will also provide a guarantee for your bitcoins and they will pay back you your bitcoins whenever they will face a hack.
how would bank pay you if the get hacked?It is ridiculous to expect this as this will ruin them

Anemed
Full Member
***
Offline Offline

Activity: 136
Merit: 100



View Profile
October 16, 2016, 12:21:44 PM
 #3663

bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.

if the bitcoin wallets will also be that much powerful as banks are then they will also provide a guarantee for your bitcoins and they will pay back you your bitcoins whenever they will face a hack.
how would bank pay you if the get hacked?It is ridiculous to expect this as this will ruin them
I too doubt that the money hacked would be paid back to you. Banks always make its customers either via telephone call, text or mails aware of fraudulent entries, calls and mails. They request us to make them aware of such activities. I really escalated it. I received a call from a person stating I am calling from concern bank to verify your account details where all these were done when my account was activated. I suspected and escalated it to the customer care. Likewise, we need to set up our wallets secured with the options are provided by the sites. Though both are well secured in its systems, we as an individual needs to be vigilant.   
jaweria khan
Member
**
Offline Offline

Activity: 68
Merit: 10


View Profile
October 16, 2016, 02:12:21 PM
 #3664

to me both carry too much importance as we use banks for our fiat currency there fore we much have a bank account on other side as bitcoin is the need of the time and is the new emerging currency therefore its importance cannot be ignore also. so i will go with both as both keep too much importance in my life.
mothermother
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile
October 16, 2016, 02:16:02 PM
 #3665

I think wallet is safety
jakelyson
Legendary
*
Offline Offline

Activity: 2226
Merit: 1069


View Profile
October 16, 2016, 02:46:19 PM
 #3666

bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
I also have the same opinion and i am surprised that many people voted for bitcoin wallet,but yes if something bad happens we can go to bank and complain but in bitcoin wallet we dont know where are the owners and they in some other country so we cant do anything rather than just sending them emails.

Then set up your own wallet on your on computer. It is not that hard. If you are using online wallet, then you can say that you are.not secure because they can go offline anytime they want and you lose your bitcoin.but if store it on your own computer, you control your own wallet and you are to blame if you.lose it.
Moonphine
Member
**
Offline Offline

Activity: 68
Merit: 10


View Profile
October 16, 2016, 03:02:42 PM
 #3667

Don't put all your money in bitcoin.
qyzackk
Full Member
***
Offline Offline

Activity: 187
Merit: 100


View Profile
October 16, 2016, 06:44:39 PM
 #3668

bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
I also have the same opinion and i am surprised that many people voted for bitcoin wallet,but yes if something bad happens we can go to bank and complain but in bitcoin wallet we dont know where are the owners and they in some other country so we cant do anything rather than just sending them emails.

Then set up your own wallet on your on computer. It is not that hard. If you are using online wallet, then you can say that you are.not secure because they can go offline anytime they want and you lose your bitcoin.but if store it on your own computer, you control your own wallet and you are to blame if you.lose it.
Oddly enough that banks no one likes and respects, still people go to the bank and use their services.
alien161016
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
October 16, 2016, 06:53:45 PM
 #3669

Don't put all your money in bitcoin.

I also think that you can not invest all your savings into one object. It should be in different, this will reduce the risks
FunshareNesialMLMPenipu
Full Member
***
Offline Offline

Activity: 284
Merit: 100


View Profile
October 17, 2016, 01:07:42 PM
 #3670

iam use both them
i have much accoun in bank, and iam much bitcoin wallet addres
Abiky
Legendary
*
Offline Offline

Activity: 3248
Merit: 1372


www.Crypto.Games: Multiple coins, multiple games


View Profile
October 17, 2016, 04:38:26 PM
 #3671


I also think that you can not invest all your savings into one object. It should be in different, this will reduce the risks

Yes. This is more like diversifying your investments into different assets in order to minimize the risks. Let's say that you invest into Bitcoin, you can also choose to invest into different altcoins like Litecoin, Ethereum, Monero, etc in order to minimize the risks and end up loosing huge amount of money invested.

The ideal setup would be to have both a Bitcoin and bank account as you would have the convenience of fiat + Bitcoin (which provides decentralization, and serves as a deflationary currency making it even more scarce and valuable over time) Then, you could choose to sell Bitcoin towards your bank account, or even buy Bitcoin directly with it.  Grin

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
CasinoBetGame
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


View Profile
October 17, 2016, 05:26:32 PM
 #3672

this saving bank still is the bes
because bank is very high secure
Abiky
Legendary
*
Offline Offline

Activity: 3248
Merit: 1372


www.Crypto.Games: Multiple coins, multiple games


View Profile
October 19, 2016, 02:22:56 PM
 #3673

this saving bank still is the bes
because bank is very high secure

True, but you can also get very high security with Bitcoin if your use encrypted private keys, make a paper wallet offline, and other sorts of stuff. Usually, I prefer Bitcoin more than a bank, since I have more control of my money with it, but there are some times where fiat is necessary too wherever Bitcoin is not accepted. The day that Bitcoin becomes used as a mainsteam currency, it will be the day that perhaps banks won't be needed anymore, in my own opinion.  Smiley

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
Drago2016
Sr. Member
****
Offline Offline

Activity: 314
Merit: 250



View Profile
October 19, 2016, 08:20:13 PM
 #3674

Banks will not replace bitcoin wallets, purses equivalent as not replace bank. It's just not possible. I believe that a world government would keep their offspring in control. Banks will not give fall.
coszy
Sr. Member
****
Offline Offline

Activity: 270
Merit: 250



View Profile
October 19, 2016, 08:42:52 PM
 #3675

I do not and will not trust in banks. But nowhere to go. Today, many aspects of modern life can not do without banking services. A bitcoin wallet I have not yet needed.
CllickerQluicker
Sr. Member
****
Offline Offline

Activity: 477
Merit: 261


View Profile
October 20, 2016, 03:42:36 AM
 #3676

this grow my money iam chose bitcoin
thi saving my money iam choose in bank
ivanjontea
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
October 20, 2016, 10:03:27 AM
 #3677

bank need human resources to operate and will be a cost for that workers
but bitcoin is just need internet to transfer betwen users
BitAlien16
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
October 20, 2016, 10:26:56 AM
 #3678

I do not and will not trust in banks. But nowhere to go. Today, many aspects of modern life can not do without banking services. A bitcoin wallet I have not yet needed.

choosing between the bank and the wallet I would choose the bank. I have trust in these institutions. It has never had any problems with the disbursement of funds by the bank
eminem90
Sr. Member
****
Offline Offline

Activity: 298
Merit: 250


View Profile
October 20, 2016, 06:54:20 PM
 #3679

Personally I do not trust banks. All my savings I keep in my purse. Maybe it is not quite safe, but I feel so comfortable and relaxed
hendra147
Hero Member
*****
Offline Offline

Activity: 644
Merit: 509


View Profile
October 21, 2016, 01:52:06 AM
 #3680

bank need human resources to operate and will be a cost for that workers
but bitcoin is just need internet to transfer betwen users

people paying internet conection too, but the cost for runing bitcoin wallet is more less than bank.
but if i calculate each transcation of bitcoin and bank, the bitcoin fee is higher than bank , in bitcoin for each transaction i must ay the mininmum fee arround 10.000sathosi, but for transaction in same bank i never pay any fee.
Pages: « 1 ... 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 [184] 185 186 187 188 189 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!